đ$ACX ACX/USDT Surges 7.73% â DeFi Momentum Gains Strength! đ„
Current Price: $0.5870 (+7.73%)
24H High: $0.6029
24H Low: $0.5296
ACX continues its upward trajectory with a strong 7.73% gain over the last 24 hours. After testing a high of $0.6029, the token has slightly retraced but is holding steady at $0.5870, showcasing robust market interest.
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Market Highlights
đč Support Zone: Immediate support is observed at $0.5797, with stronger support at $0.5500.
đč Resistance Zone: A push above $0.6029 could lead to a breakout toward $0.6200 or higher.
đč Trading Volume: With 29.51M ACX traded, activity highlights solid interest from traders and investors.
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Whatâs Next for ACX?
1ïžâŁ For Bulls:
Look for sustained momentum above $0.6029 to confirm a breakout toward the $0.6200 zone.
Monitor volume for signals of continued buying pressure.
2ïžâŁ For Bears:
A rejection near $0.6029 could lead to a retracement toward $0.5500.
Watch for declining volume as an indicator of weakening momentum.
3ïžâŁ Risk Management:
Set stop-loss levels below $0.5500 to minimize risk in case of unexpected reversals.
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Trading Strategy
For Breakout Traders: Target entries above $0.6029, with potential profit-taking around $0.6200.
For Swing Traders: Buy dips near $0.5797 and aim for a retest of $0.6029 or higher.
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Key Takeaway
ACX is gaining traction in the DeFi space with consistent gains and rising trading activity. Keep a close eye on key levels as the token builds momentum for its next move.